Tue, Jun 4 2019, 9:47 AM
Spending on construction was almost flat in April. The Census Bureau said total expenditures of both public and private money was essentially unchange...
Tue, Jun 4 2019, 9:16 AM
The long-awaited single mortgage-backed security from the GSEs Fannie Mae and Freddie Mac launched on Monday. The official start date for the single s...
Mon, Jun 3 2019, 10:50 AM
As the current issue of Black Knight's Mortgage Monitor was going to "press" mortgage rates dropped under 4.0 percent for the first time in more than ...
Fri, May 31 2019, 1:32 PM
Toll Brothers is embarking on a new business model that may, depending on your outlook, increase the rental stock, provide new opportunities for home ...
Fri, May 31 2019, 10:38 AM
The National Association of Home Builders (NAHB) is introducing the latest in a series of indices it has employed to measure housing within a broader ...
Thu, May 30 2019, 10:24 AM
April's pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated instead. The Nationa...
Wed, May 29 2019, 9:33 AM
"The face of America is changing, and the housing market is changing along with it. If the mortgage market doesn't keep up, the nation's economy will ...
Wed, May 29 2019, 8:12 AM
Mortgage application volume declined during the week ended May 24, more than reversing a 2.4 percent increase a week earlier. Both refinancing and pur...
Tue, May 28 2019, 11:53 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 6.2 percent in April, declining from 8.0 percent t...
Tue, May 28 2019, 11:49 AM
Both the S&P Dow Jones Indices and home price indicators from the Federal Housing Finance Agency (for March continue to show slowing appreciation alth...
Fri, May 24 2019, 10:36 AM
There probably hasn't been a report on home sales or prices in the last four years that hasn't referred to the role of housing inventory in the depres...
Thu, May 23 2019, 10:46 AM
After three straight months of gains, April's new home sales were expected to give back a little and they did. The U.S. Census Bureau said sales of ne...
Thu, May 23 2019, 8:16 AM
The Urban Institute (UI) is urging the Consumer Financial Protection Bureau (CFPB) to rethink its plans for Home Mortgage Disclosure Act (HMDA) report...
Thu, May 23 2019, 8:11 AM
If you stuffed the old certificates in your sock drawer ten years ago, it may be time to dig them out. Mark Calabria, the new director of the Federal ...
Wed, May 22 2019, 8:11 AM
While calling the recent report on real gross domestic product (GDP) the strongest first quarter in four years, Fannie Mae's Economic and Strategic Re...
Wed, May 22 2019, 8:04 AM
Refinancing rose to the surface yet again, driving the gain in mortgage applications during the week ended May 17. The Mortgage Bankers Association (M...
Tue, May 21 2019, 4:48 PM
This one might smart a bit. There were big hopes for home sales in April, with interest rates continuing at unexpectedly low levels, unemployment at a...
Tue, May 21 2019, 10:46 AM
With interest rates remaining at 2019 lows and spring market home sales kicking in, the rate of prepayments continues to rise. Black Knight, in its "f...
Mon, May 20 2019, 10:06 AM
Freddie Mac's May Forecast continues to look for a downward trending interest on the 30-year fixed-rate mortgage. The company's economists are project...
Fri, May 17 2019, 8:09 AM
Refinancing held on to a 35 percent share of mortgage originations in April according to the Origination Insight Report from Ellie Mae as the 30-year ...
Thu, May 16 2019, 12:42 PM
Applications for new home purchases jumped 15.6 percent in April compared to a year ago and were 3.0 percent higher than in March. The Mortgage Banker...
Thu, May 16 2019, 9:59 AM
There was a small gain in residential construction permitting in April while housing starts rose strongly , both reversing their unexpected declines i...
Wed, May 15 2019, 10:42 AM
New home builders finally got a little wind under their wings this month. The National Association of Home Builders (NAHB) said its NAHB/Wells Fargo H...
Wed, May 15 2019, 10:09 AM
Delinquency rates popped up in the first quarter, pushing the percentage of mortgage loans that were behind by at least one payment up 36 basis points...
Wed, May 15 2019, 9:55 AM
The National Association of Home Builders (NAHB) is seeing some softening in the residential remodeling sector. Carmel Ford noted in an article in NAH...
Wed, May 15 2019, 8:05 AM
One week after posting the first positive results in five weeks, mortgage application activity fell off again. The Mortgage Bankers Association (MBA) ...
Tue, May 14 2019, 11:38 AM
According to Lawrence Yun, chief economist for the National Association of Realtors® (NAR), a typical homeowner in the U.S. saw his or her housing wea...
Tue, May 14 2019, 10:42 AM
With mortgage delinquencies continuing to be at historic lows, CoreLogic points to natural disasters as a significant cause of the slight deterioratio...
Mon, May 13 2019, 5:27 PM
Declining property values, while modest and localized, may be taking a toll on homeowner safety margins. ATTOM Data Solutions has released its first q...
Thu, May 9 2019, 12:09 PM
Condominium loans represent only about 8 percent of total mortgages, a share that has remain fairly stable for several years. However, CoreLogic says ...
Thu, May 9 2019, 10:35 AM
A big jump in jumbo loan lending drove an increase in mortgage credit availability in April. The Mortgage Bankers Association's Mortgage Credit Availa...
Thu, May 9 2019, 8:11 AM
Just days after Ginnie Mae issued a Request for Input seeking advice on ways to tighten its regulations in regard to VA loans, it appears the governme...
Wed, May 8 2019, 11:30 AM
Freddie Mac periodically looks at how and from where homebuyers are managing to acquire their down payments and they did so , particularly first-timer...
Wed, May 8 2019, 8:16 AM
Even though mortgages rates have declined over the last several months, consumers remain bearish about buying a home. Fannie Mae said net positive res...
Wed, May 8 2019, 8:11 AM
Freddie Mac is undertaking a new initiative designed to align the servicing process to a more customer service focus, especially for distressed homeow...
Wed, May 8 2019, 8:06 AM
After four straight weeks of declines, mortgage application activity finally gained ground during the week ended May 3. The Mortgage Bankers Associati...
Tue, May 7 2019, 10:52 AM
Home price growth continued to slow on an annual basis in March. The CoreLogic Home Price Index (HPI) shows home prices increased from the previous Ma...
Mon, May 6 2019, 8:44 AM
Prepayment rates historically tend to increase in the spring, but this year they have been exceptionally high. The rate has risen during March in 18 o...
Fri, May 3 2019, 1:10 PM
Ginnie Mae has issued a formal request for input regarding changes to its II Multi-Issuer Program (GII MIP). That program represents almost a third of...
Thu, May 2 2019, 5:21 PM
The government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac released their first quarter financial results on Wednesday. Both had slightly ...
Wed, May 1 2019, 12:20 PM
Publicly and privately funded construction put in place in March had an estimated value of $1.282 trillion on a seasonally adjusted annual basis. This...
Wed, May 1 2019, 8:14 AM
Despite a decline in interest rates, mortgage volume took a significant hit during the week ended April 26. The Mortgage Bankers Association (MBA) rep...
Tue, Apr 30 2019, 4:55 PM
Freddie Mac's April economic forecast focuses on interest rates and their impact on housing as the company's Economic & Housing Research Group revises...
Tue, Apr 30 2019, 10:44 AM
The S&P CoreLogic Case-Shiller Indices for February continue to show a slowdown in home price gains on a year-over-year basis although all of the mont...
Tue, Apr 30 2019, 10:10 AM
Pending home sales posted a second solid performance in 2019 , with home purchase contract signings in March recovering from their slight dip in Febru...
Tue, Apr 30 2019, 8:13 AM
CoreLogic says that, while the incidence of mortgage fraud has remained relatively stable in recent quarters, income fraud remains a growing problem. ...
Mon, Apr 29 2019, 10:28 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 8.0 percent in March, growing from 3.0 percent the...
Fri, Apr 26 2019, 10:06 AM
Both homeownership and vacancy rates were essentially unchanged in the first quarter of this year according to data released on Thursday by the U.S. C...
Thu, Apr 25 2019, 2:13 PM
Home flipping, buying a property with the intent to sell it in a short period of time at a profit, is more popular than almost ever , but a study by C...
Thu, Apr 25 2019, 8:14 AM
The declining interest rates earlier in the year along with increased refinancing made themselves felt in March as prepayment activity surged. Black K...